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Qinhuangdao Port Co., Ltd. Class H (3369) AI Stock Analysis

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HK:3369

Qinhuangdao Port Co., Ltd. Class H

(HKEX:3369)

Select Model
Rating:80Outperform
Price Target:HKD 3.00â–²(11.32% Upside)
Action:reiterated
Date:10/31/26

The score is driven primarily by strong financial stability, low leverage, and solid profitability. Attractive valuation and positive technical momentum provide additional support, while weak growth trends, declining cash-flow measures, and near-term overbought technical conditions constrain the upside.

Positive Factors
Strong profitabilityHigh gross, operating, and net margins show that Qinhuangdao Port converts port and terminal activity into substantial earnings. This profitability provides resilience across normal volume fluctuations and supports continued investment, service capacity, and shareholder returns over the next several quarters.
Negative Factors
Weak and volatile revenuePersistent weakness in the top line indicates that profitability has not been accompanied by dependable volume or revenue expansion. For a port operator, this can constrain operating leverage and make future earnings growth more dependent on margins rather than sustained cargo and service demand.

Qinhuangdao Port Co., Ltd. Class H (3369) vs. iShares MSCI Hong Kong ETF (EWH)

-30%-20%-10%0%10%20%HK:3369-2.71%EWH+7.37%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
Market Cap
HKD 22.19B
Dividend Yield
4.91%
Average Volume (3M)
634.44K
Price to Earnings (P/E)
12.0
Beta (1Y)
0.26
Revenue Growth
6.59%
EPS Growth
5.28%
Country
Hong Kong
Employees
8,348
Sector
Industrials
Sector Strength
63
Industry
Marine Shipping

Qinhuangdao Port Co., Ltd. Class H Business Overview & Revenue Model

Company Description

Qinhuangdao Port Co., Ltd. oversees and manages a comprehensive network of port facilities across Mainland China, offering a full spectrum of integrated maritime and logistics services. These capabilities include efficient cargo handling, encompassin...

How the Company Makes Money

Qinhuangdao Port Co., Ltd. primarily makes money by charging customers for port-related services connected to moving cargo through its terminals. Key revenue streams typically include: 1) Cargo handling and terminal service fees: The company charges...

Qinhuangdao Port Co., Ltd. Class H Financial Statement Overview

Summary

Strong profitability and balance-sheet quality support the score, with high margins, 21.18 billion of equity, and low debt of 3.57 billion. Weak revenue growth, declining EBITDA, and lower free cash flow limit the score.

Income Statement

78Positive

Balance Sheet

88Very Positive

Cash Flow

76Positive
Financial statement breakdown
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue7.04B6.79B6.87B7.05B6.92B6.59B
Gross Profit2.79B2.76B2.60B2.10B2.65B2.50B
EBITDA2.31B2.87B2.94B3.46B2.95B2.81B
Net Income1.61B1.56B1.56B1.53B1.31B1.04B
Balance Sheet
Total Assets27.88B27.82B27.88B28.03B27.94B27.78B
Cash, Cash Equivalents and Short-Term Investments2.37B2.85B4.28B2.84B4.85B4.05B
Total Debt3.57B3.87B5.20B6.13B6.91B7.33B
Total Liabilities5.69B6.27B7.61B8.65B9.72B10.87B
Stockholders Equity21.18B20.44B19.33B18.42B17.32B16.06B
Cash Flow
Free Cash Flow1.88B1.85B1.37B1.33B1.72B1.18B
Operating Cash Flow2.63B2.72B2.42B2.39B2.43B2.51B
Investing Cash Flow-3.75B-1.37B-789.92M-2.74B-464.68M-1.86B
Financing Cash Flow-1.56B-1.62B-1.57B-1.41B-1.09B-264.77M

Qinhuangdao Port Co., Ltd. Class H Technical Analysis

Technical Analysis SentimentPositive
Last Price2.69

Price Trends

50DMA2.44Positive
100DMA2.36Positive
200DMA2.37Positive

Market Momentum

MACD0.07Negative
RSI70.11Negative
STOCH85.88Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:3369, the sentiment is Positive. The current price of 2.69 is above the 20-day moving average (MA) of 2.53, above the 50-day MA of 2.44, and above the 200-day MA of 2.37, indicating a bullish trend. The MACD of 0.07 indicates Negative momentum. The RSI at 70.11 is Negative, neither overbought nor oversold. The STOCH value of 85.88 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:3369.

Qinhuangdao Port Co., Ltd. Class H Peers Comparison

Overall Rating

UnderperformOutperform
Sector (63)

Financial Indicators

HK:3369 against its peers
NameOverall RatingMarket CapP/E RatioROEDividend YieldRevenue GrowthEPS Growth
HK:0144HK:014485OutperformHKD 70.48B10.565.93%4.40%13.52%-4.91%
HK:6198HK:619880OutperformHKD 72.29B12.5111.17%4.94%9.73%0.56%
HK:3369HK:336980OutperformHKD 22.19B12.017.75%4.91%6.59%5.28%
HK:1199HK:119978OutperformHKD 25.31B8.815.49%4.55%12.30%-1.28%
HK:3382HK:338278OutperformHKD 3.72B4.735.30%7.16%-20.53%27.52%
HK:2880HK:288067NeutralHKD 35.14B25.573.05%4.91%1.32%-1.60%
Sector *63Neutral$10.79B15.437.44%2.01%2.89%-14.66%

* Industrials Sector Average

Performance Comparison

-20%-10%0%10%20%HK:3369HK:0144HK:1199HK:2880HK:3382HK:6198Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
HK:3369 and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
HK:3369Qinhuangdao Port Co., Ltd. Class H2.69-0.04-1.35%
HK:0144China Merchants Port Holdings Co 16.792.1514.72%
HK:1199COSCO SHIPPING Ports 6.300.6812.10%
HK:2880Liaoning Port Company Limited Class H0.67-0.19-21.73%
HK:3382Tianjin Port Development Holdings 0.60-0.06-8.89%
HK:6198Qingdao Port International Co Ltd Class H7.890.9313.36%

Qinhuangdao Port Co., Ltd. Class H Corporate Events

Qinhuangdao Port Posts Stable 2026 Q3 Results Amid Mild Profit Pressure

Oct 29, 2026

Qinhuangdao Port Co., Ltd. reported unaudited results for the third quarter of 2026 showing a slight year-on-year decline in quarterly revenue and profit, even as year-to-date figures edged higher. Revenue for the quarter fell 5.44% to RMB 1.67 billi...

Qinhuangdao Port to Boost Control of Caofeidian Port Assets via Equity Acquisition Plan

Oct 20, 2026

Qinhuangdao Port Co., Ltd. has signed an equity acquisition intent agreement with its controlling shareholder Hebei Port Group to increase its stakes in four Caofeidian-area port operators. The plan involves acquiring additional interests in Tangshan...

Qinhuangdao Port Sets October Board Meeting to Approve Q3 Results

Oct 15, 2026

Qinhuangdao Port Co., Ltd. has scheduled a board meeting for 29 October 2026 to review and approve the unaudited third-quarter results for the nine months ended 30 September 2026. The forthcoming publication of these results will provide investors an...

Qinhuangdao Port Co., Ltd. Posts 3.3% Throughput Growth in First Nine Months of 2026

Oct 13, 2026

Qinhuangdao Port Co., Ltd., a major port operator in northern China, runs Qinhuangdao, Caofeidian and Huanghua ports, specializing in bulk cargo such as coal and metal ore, as well as oil and liquefied chemicals, containers and general cargo. Its ope...

Qinhuangdao Port Posts Higher Revenue and Margin on Stable Interim 2026 Results

Aug 28, 2026

Qinhuangdao Port Co., Ltd. Class H reported interim 2026 revenue of RMB3.64 billion, up 5.42% year-on-year, with gross profit rising 9.40% to RMB1.57 billion and gross margin improving to 43.28%. Net profit reached RMB1.05 billion, edging up 0.36%, w...

Qinhuangdao Port Sets August Board Meeting to Approve Interim Results

Aug 14, 2026

Qinhuangdao Port Co., Ltd. has scheduled a board meeting for 28 August 2026 to review and approve the interim results of the company and its subsidiaries for the six months ended 30 June 2026. The planned publication of these interim figures will pro...

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Oct 31, 2026